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Nookie1986 [14]
2 years ago
5

Suppose there are two economies, Alpha and Beta, which have the same production possibilities curves and are on the same point o

n each curve. If Beta then devotes more resources to investment goods than consumer goods when compared to Alpha, then in the future:A)Alpha will experience greater economic growth than Beta.B)Alpha will not be able to achieve full employment or productive efficiency.C)Beta will experience greater economic growth than Alpha.D)Beta will not be able to achieve full employment or productive efficiency
Business
1 answer:
OverLord2011 [107]2 years ago
4 0

Answer: A) Alpha will experience greater economic growth than Beta.

Explanation:

The production possibility curve shows how the effective and efficient use of the resources that are available in an economy can bring about the maximization of the production of two goods.

Since both economies Alpha and Beta have same production possibilities curves and are also on the same point on each curve, in a scenario whereby Beta devotes more resources to investment goods than consumer goods when compared to Alpha, then in the future Alpha will experience greater economic growth than Beta.

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<h3>Further explanation </h3>

Many terms that we usually use in the business or accounting including:

1. Revenue is the income that business made, usually from selling products or services to customers.

2. Production cost is the total expenses used for manufacturing, this cost includes raw material, overhead, and labor  

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From the case above, we know that Brenda’s Boards sells the skateboard for $45 each.

The total cost for making one skateboard is $15, this cost by adding up all the production cost or the expenses

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<h3>Learn more </h3>

Profit-sharing plan brainly.com/question/1494270

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Production cost brainly.com/question/1176751

Keywords: business profit, revenue, production cost, business expenses

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